It’s human pattern matching gone haywire. For people who hyperfocus on businesses and profit streams, they’re going to see the next big thing in anything that looks remotely disruptive.
The promise of cell phones -> everyone will use it -> massive profit for first movers.
The promise of the Internet -> everyone will use it -> massive profit for first movers.
The promise of smartphones -> everyone will use it -> massive profit for first movers.
The promise of gig economy -> everyone will use it -> massive profit for first movers.
etc.
These LLMs/gen AI are superficially impressive, had an enough money behind them and had evangelists willing to oversell. Once enough companies start investing, no one wants to be left out and it snowballs from there.
Now, like an MLM, they have to get more buy-in or they take the loss. Anyone already invested needs more money to come in to get out with a profit. They’ll say whatever the fuck it takes.
It’s human pattern matching gone haywire. For people who hyperfocus on businesses and profit streams, they’re going to see the next big thing in anything that looks remotely disruptive.
These LLMs/gen AI are superficially impressive, had an enough money behind them and had evangelists willing to oversell. Once enough companies start investing, no one wants to be left out and it snowballs from there.
Now, like an MLM, they have to get more buy-in or they take the loss. Anyone already invested needs more money to come in to get out with a profit. They’ll say whatever the fuck it takes.